yokefleet farms limited

5

yokefleet farms limited Company Information

Share YOKEFLEET FARMS LIMITED
Live 
MatureSmallLow

Company Number

00486789

Website

-

Registered Address

farm office blacktoft house, blacktoft, DN14 7XX

Industry

Growing of cereals (except rice), leguminous crops and oil seeds

 

Telephone

01430441374

Next Accounts Due

January 2026

Group Structure

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Directors

Benjamin MacLean21 Years

Silvie MacLean12 Years

View All

Shareholders

mr benjamin duart maclean 93.2%

mrs r.m. maclean 6.8%

yokefleet farms limited Estimated Valuation

£316.7k

Pomanda estimates the enterprise value of YOKEFLEET FARMS LIMITED at £316.7k based on a Turnover of £706.8k and 0.45x industry multiple (adjusted for size and gross margin).

yokefleet farms limited Estimated Valuation

£2.1m

Pomanda estimates the enterprise value of YOKEFLEET FARMS LIMITED at £2.1m based on an EBITDA of £384.6k and a 5.37x industry multiple (adjusted for size and gross margin).

yokefleet farms limited Estimated Valuation

£3.7m

Pomanda estimates the enterprise value of YOKEFLEET FARMS LIMITED at £3.7m based on Net Assets of £2.6m and 1.4x industry multiple (adjusted for liquidity).

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Yokefleet Farms Limited Overview

Yokefleet Farms Limited is a live company located in blacktoft, DN14 7XX with a Companies House number of 00486789. It operates in the growing of cereals (except rice), leguminous crops and oil seeds sector, SIC Code 01110. Founded in September 1950, it's largest shareholder is mr benjamin duart maclean with a 93.2% stake. Yokefleet Farms Limited is a mature, small sized company, Pomanda has estimated its turnover at £706.8k with low growth in recent years.

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Yokefleet Farms Limited Health Check

Pomanda's financial health check has awarded Yokefleet Farms Limited a 5 rating. We use a traffic light system to show it exceeds the industry average on 5 measures and has 4 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating5out of 5
positive_score

5 Strong

positive_score

3 Regular

positive_score

4 Weak

size

Size

annual sales of £706.8k, make it smaller than the average company (£3.3m)

£706.8k - Yokefleet Farms Limited

£3.3m - Industry AVG

growth

Growth

3 year (CAGR) sales growth of 2%, show it is growing at a slower rate (7%)

2% - Yokefleet Farms Limited

7% - Industry AVG

production

Production

with a gross margin of 29.7%, this company has a comparable cost of product (29.7%)

29.7% - Yokefleet Farms Limited

29.7% - Industry AVG

profitability

Profitability

an operating margin of 29.6% make it more profitable than the average company (8.4%)

29.6% - Yokefleet Farms Limited

8.4% - Industry AVG

employees

Employees

with 4 employees, this is below the industry average (39)

4 - Yokefleet Farms Limited

39 - Industry AVG

paystructure

Pay Structure

on an average salary of £36.8k, the company has an equivalent pay structure (£36.8k)

£36.8k - Yokefleet Farms Limited

£36.8k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £176.7k, this is equally as efficient (£162.9k)

£176.7k - Yokefleet Farms Limited

£162.9k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 8 days, this is earlier than average (41 days)

8 days - Yokefleet Farms Limited

41 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 51 days, this is slower than average (40 days)

51 days - Yokefleet Farms Limited

40 days - Industry AVG

stockdays

Stock Days

it holds stock equivalent to 472 days, this is more than average (101 days)

472 days - Yokefleet Farms Limited

101 days - Industry AVG

cashbalance

Cash Balance

has cash to cover current liabilities for 93 weeks, this is more cash available to meet short term requirements (13 weeks)

93 weeks - Yokefleet Farms Limited

13 weeks - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 16%, this is a lower level of debt than the average (48.1%)

16% - Yokefleet Farms Limited

48.1% - Industry AVG

YOKEFLEET FARMS LIMITED financials

EXPORTms excel logo

Yokefleet Farms Limited's latest turnover from April 2024 is estimated at £706.8 thousand and the company has net assets of £2.6 million. According to their latest financial statements, Yokefleet Farms Limited has 4 employees and maintains cash reserves of £520.1 thousand as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Apr 2024Apr 2023Apr 2022Apr 2021Apr 2020Apr 2019Apr 2018Apr 2017Apr 2016Apr 2015Apr 2014Apr 2013Apr 2012Apr 2011Apr 2010
Turnover706,7891,044,858642,330669,942776,876795,308864,903444,016503,6001,253,043787,818420,791597,629443,444259,987
Other Income Or Grants000000000000000
Cost Of Sales497,024719,129457,591497,530571,143547,222617,108312,917355,055866,429532,672272,339363,676280,567164,091
Gross Profit209,765325,729184,739172,412205,733248,086247,794131,098148,545386,614255,146148,452233,953162,87795,895
Admin Expenses670-108,108-83,27993,70049,30020,29965,3888,589145,737294,03398,112-35,551126,36248,042-931,232
Operating Profit209,095433,837268,01878,712156,433227,787182,406122,5092,80892,581157,034184,003107,591114,8351,027,127
Interest Payable000000000000000
Interest Receivable19,61916,0113,4723662881,4411,1308121,4682,0002,5542,8402,6101,839794
Pre-Tax Profit228,715449,848271,49079,078156,721229,227183,536123,3214,27694,581159,589186,843110,201116,6741,027,921
Tax-57,179-112,462-51,583-15,025-29,777-43,553-34,872-23,431-855-18,916-33,514-42,974-26,448-30,335-287,818
Profit After Tax171,536337,386219,90764,053126,944185,674148,66499,8903,42175,665126,075143,86983,75386,339740,103
Dividends Paid000000000000000
Retained Profit171,536337,386219,90764,053126,944185,674148,66499,8903,42175,665126,075143,86983,75386,339740,103
Employee Costs147,035143,600135,33464,07460,469120,73285,50884,28856,615258,384165,562117,568138,111107,12181,409
Number Of Employees444224332964543
EBITDA*384,645589,681378,932181,052234,670325,987306,970247,379106,582179,061242,528240,481174,611162,6141,091,158

* Earnings Before Interest, Tax, Depreciation and Amortisation

Apr 2024Apr 2023Apr 2022Apr 2021Apr 2020Apr 2019Apr 2018Apr 2017Apr 2016Apr 2015Apr 2014Apr 2013Apr 2012Apr 2011Apr 2010
Tangible Assets1,902,7231,863,3691,706,8601,697,8771,636,7951,643,0621,651,8411,656,120626,358625,238647,688589,571368,548287,237307,594
Intangible Assets111111111114,3348,6672,2504,500
Investments & Other000000000000000
Debtors (Due After 1 year)000000000000000
Total Fixed Assets1,902,7241,863,3701,706,8611,697,8781,636,7961,643,0631,651,8421,656,121626,359625,239647,689593,905377,215289,487312,094
Stock & work in progress643,247535,933449,319288,537263,702293,744341,074308,835383,406363,976253,078186,469194,136189,764198,048
Trade Debtors16,787167,62453,16499,686191,865206,593196,89458,03479,584236,105103,90158,47051,27370,76126,041
Group Debtors000000000000000
Misc Debtors33,29841,03435,77839,26537,33419,59622,10427,215112,830000000
Cash520,111264,666488,775437,141293,890282,549101,618350,213299,281287,884512,050509,704626,193417,984317,709
misc current assets000000000000000
total current assets1,213,4431,009,2571,027,036864,629786,791802,482661,690744,297875,101887,965869,029754,643871,602678,509541,798
total assets3,116,1672,872,6272,733,8972,562,5072,423,5872,445,5452,313,5322,400,4181,501,4601,513,2041,516,7181,348,5481,248,817967,996853,892
Bank overdraft000000000000000
Bank loan000000000000000
Trade Creditors 70,42027,09238,81445,36229,33631,47841,44736,28323,90297,957147,63061,454238,19183,17055,128
Group/Directors Accounts121,354124,958331,555442,386442,322542,346592,346812,3460000000
other short term finances000000000000000
hp & lease commitments37,23349,16022,11800000024,60024,60052,216000
other current liabilities60,56957,61884,74543,80255,66381,31687,08678,99687,550000000
total current liabilities289,576258,828477,232531,550527,321655,140720,879927,625111,452122,557172,230113,670238,19183,17055,128
loans000000000000000
hp & lease commitments37,2349,11131,78651,927045,48200024,60049,20073,800000
Accruals and Deferred Income19,21021,13123,05224,97300000000000
other liabilities000026,894030,73643,40257,24500026,19200
provisions151,868136,81492,47064,60743,97546,47049,13865,27668,53868,74471,72961,67326,9779,2017,557
total long term liabilities208,312167,056147,308141,50770,86991,95279,874108,678125,78393,344120,929135,47353,1699,2017,557
total liabilities497,888425,884624,540673,057598,190747,092800,7531,036,303237,235215,901293,159249,143291,36092,37162,685
net assets2,618,2792,446,7432,109,3571,889,4501,825,3971,698,4531,512,7791,364,1151,264,2251,297,3031,223,5591,099,405957,457875,625791,207
total shareholders funds2,618,2792,446,7432,109,3571,889,4501,825,3971,698,4531,512,7791,364,1151,264,2251,297,3031,223,5591,099,405957,457875,625791,207
Apr 2024Apr 2023Apr 2022Apr 2021Apr 2020Apr 2019Apr 2018Apr 2017Apr 2016Apr 2015Apr 2014Apr 2013Apr 2012Apr 2011Apr 2010
Operating Activities
Operating Profit209,095433,837268,01878,712156,433227,787182,406122,5092,80892,581157,034184,003107,591114,8351,027,127
Depreciation175,550155,844110,914102,34078,23798,200124,564124,870103,77486,48081,16152,14560,43745,52961,781
Amortisation00000000004,3334,3336,5832,2502,250
Tax-57,179-112,462-51,583-15,025-29,777-43,553-34,872-23,431-855-18,916-33,514-42,974-26,448-30,335-287,818
Stock107,31486,614160,78224,835-30,042-47,33032,239-74,57119,430110,89866,609-7,6674,372-8,284198,048
Debtors-158,573119,716-50,009-90,2483,0107,191133,749-107,165-43,691132,20445,4317,197-19,48844,72026,041
Creditors43,328-11,722-6,54816,026-2,142-9,9695,16412,381-74,055-49,67386,176-176,737155,02128,04255,128
Accruals and Deferred Income1,030-29,04839,02213,112-25,653-5,7708,090-8,55487,550000000
Deferred Taxes & Provisions15,05444,34427,86320,632-2,495-2,668-16,138-3,262-206-2,98510,05634,69617,7761,6447,557
Cash flow from operations438,137274,463276,913281,210201,635304,166103,226406,249143,277-135,615193,20655,936336,076125,529641,936
Investing Activities
capital expenditure-214,904-312,353-119,897-163,422-71,970-89,421-120,285-1,154,632-104,894-64,030-139,278-273,168-154,748-25,172-376,125
Change in Investments000000000000000
cash flow from investments-214,904-312,353-119,897-163,422-71,970-89,421-120,285-1,154,632-104,894-64,030-139,278-273,168-154,748-25,172-376,125
Financing Activities
Bank loans000000000000000
Group/Directors Accounts-3,604-206,597-110,83164-100,024-50,000-220,000812,3460000000
Other Short Term Loans 000000000000000
Long term loans000000000000000
Hire Purchase and Lease Commitments16,1964,3671,97751,927-45,48245,48200-49,200-24,600-52,216126,016000
other long term liabilities000-26,89426,894-30,736-12,666-13,84357,24500-26,19226,19200
share issue00000000-36,499-1,921-1,921-1,921-1,921-1,92151,104
interest19,61916,0113,4723662881,4411,1308121,4682,0002,5542,8402,6101,839794
cash flow from financing32,211-186,219-105,38225,463-118,324-33,813-231,536799,315-26,986-24,521-51,583100,74326,881-8251,898
cash and cash equivalents
cash255,445-224,10951,634143,25111,341180,931-248,59550,93211,397-224,1662,346-116,489208,209100,275317,709
overdraft000000000000000
change in cash255,445-224,10951,634143,25111,341180,931-248,59550,93211,397-224,1662,346-116,489208,209100,275317,709

yokefleet farms limited Credit Report and Business Information

Very Low Risk70 - 100
Low Risk50 - 70
Moderate Risk30 - 50
High Risk20 - 30
Very High Risk0 - 20
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Yokefleet Farms Limited Competitor Analysis

competitor_analysis_table_img

Perform a competitor analysis for yokefleet farms limited by selecting its closest rivals, whether from the AGRICULTURE, FORESTRY AND FISHING sector, other small companies, companies in DN14 area or any other competitors across 12 key performance metrics.

yokefleet farms limited Ownership

YOKEFLEET FARMS LIMITED group structure

Yokefleet Farms Limited has no subsidiary companies.

Ultimate parent company

YOKEFLEET FARMS LIMITED

00486789

YOKEFLEET FARMS LIMITED Shareholders

mr benjamin duart maclean 93.18%
mrs r.m. maclean 6.82%

yokefleet farms limited directors

Yokefleet Farms Limited currently has 3 directors. The longest serving directors include Mr Benjamin MacLean (Feb 2003) and Mrs Silvie MacLean (Oct 2012).

officercountryagestartendrole
Mr Benjamin MacLean56 years Feb 2003- Director
Mrs Silvie MacLeanEngland55 years Oct 2012- Director
Mr Charles WraithEngland57 years Sep 2023- Director

P&L

April 2024

turnover

706.8k

-32%

operating profit

209.1k

0%

gross margin

29.7%

-4.8%

turnover

Turnover, or revenue, is the amount of sales generated by a company within the financial year.

Balance Sheet

April 2024

net assets

2.6m

+0.07%

total assets

3.1m

+0.08%

cash

520.1k

+0.97%

net assets

Total assets minus all liabilities

yokefleet farms limited company details

company number

00486789

Type

Private limited with Share Capital

industry

01110 - Growing of cereals (except rice), leguminous crops and oil seeds

incorporation date

September 1950

age

74

incorporated

UK

ultimate parent company

None

accounts

Total Exemption Full

last accounts submitted

April 2024

previous names

N/A

accountant

-

auditor

-

address

farm office blacktoft house, blacktoft, DN14 7XX

Bank

-

Legal Advisor

-

yokefleet farms limited Charges & Mortgages

A charge, or mortgage, refers to the rights a company gives to a lender in return for a loan, often in the form of security given over business assets.

We did not find charges/mortgages relating to yokefleet farms limited.

charges

yokefleet farms limited Companies House Filings - See Documents

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